Magnolia Lake Drive

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Magnolia Lake Drive

Collinsville, MS 39325
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property encompasses 73.73 acres of land in Collinsville.
  • Located on Magnolia Lake Drive within the Mississippi market.
  • Positioned with coordinates at 32.4774 latitude and -88.8856 longitude.
  • Large acreage supports various commercial or residential development possibilities.
  • Available for purchase by investors or developers in the region.

What's Special

This 73.73-acre parcel of land is positioned on Magnolia Lake Drive in Collinsville, Mississippi. The site offers significant acreage for potential development or land-based investment strategies within this growing suburban market. Its proximity to the Collinsville area provides convenient access to local infrastructure and regional thoroughfares, making it a viable candidate for various commercial, residential, or recreational applications depending on local zoning regulations. Investors and developers often find properties of this scale in the region attractive due to the expansive landscape and the flexibility inherent in large-tract land ownership. As Collinsville continues to develop, this tract represents a functional asset for those seeking to acquire substantial acreage for long-term hold or specific site development projects.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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